good afternoon my peoples,
in my last few posts, i talked about the possibility of seeing 23~24k before seeing a big pivot downwards.
here's how i think we can potentially get there.
---
as of this moment, shorts are out-weighing the longs.
1h hidden bullish divergence is present
1\3h stochastics have entered into oversold.
btc has come down in what looks to be 3 waves:
demand wicks are present, and there is an 11k long block acting as support.
---
cpi data in 3 days is a total wild card.
if that data beats expectations, we will see a significant short squeeze in the days ahead.
the full moon will too support a significant rally - potentially higher than my current expectations.
if that data fails to beat expectations, then i don't think we will see the local highs taken out, and btc along with the rest of the market will move straight down to the targets i have been discussing recently.
---
ps. i am still looking for lower prices after this push up
👇
in my last few posts, i talked about the possibility of seeing 23~24k before seeing a big pivot downwards.
here's how i think we can potentially get there.
---
as of this moment, shorts are out-weighing the longs.
1h hidden bullish divergence is present
1\3h stochastics have entered into oversold.
btc has come down in what looks to be 3 waves:
demand wicks are present, and there is an 11k long block acting as support.
---
cpi data in 3 days is a total wild card.
if that data beats expectations, we will see a significant short squeeze in the days ahead.
the full moon will too support a significant rally - potentially higher than my current expectations.
if that data fails to beat expectations, then i don't think we will see the local highs taken out, and btc along with the rest of the market will move straight down to the targets i have been discussing recently.
---
ps. i am still looking for lower prices after this push up
👇
i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。